e-commerce on rise in egypt

e-commerce in Egypt is in its earliest stages and ALEXBANK is one of its pioneers, thanks to the technical solution provided by Mercury Processing Services International

Having implemented the NestPay e-commerce solution in
ALEXBANK in December last year, Mercury Processing Services International reached also the African continent, marking a milestone in the e-commerce
migration of Intesa Sanpaolo banks to our target platform.

What made this project stream particularly intriguing is the fact that it was the Egyptian bank’s ‘grand premiere’ in online commercial transactions, and entering into the uncharted waters of e-commerce was a huge step for ALEXBANK.

ALEXBANK got a strong tailwind from the Egyptian government`s decisions, which led to adopt a new national e-commerce strategy developed by the United Nations Conference on Trade and Development (UNCTAD) in cooperation with Egypt`s Ministry for Communications and Information Technology (MCIT).

Egypt is strongly committed to leveraging e-commerce and the digital economy as a powerful catalyst for innovation, growth, trade and social prosperity.